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Bullboard - Stock Discussion Forum Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments... see more

NDAQ:HUT - Post Discussion

Hut 8 Corp > Preliminary Short Form Base Shelf Prospectus
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Post by Rejean1 on Mar 09, 2021 8:30pm

Preliminary Short Form Base Shelf Prospectus

https://sedar.com/CheckCode.do;jsessionid=0000w4fFa44kH5sKNUkmv6rITPp:188setvlh
Comment by Rejean1 on Mar 09, 2021 8:35pm
Preliminary Short Form Base Shelf Prospectus New Issue and/or Secondary Offering March 9, 2021 HUT 8 MINING CORP. $500,000,000 Common Shares Debt Securities Subscription Receipts Warrants Convertible Securities Units Hut 8 Mining Corp. (the "Company" or "Hut 8") may from time to time offer and issue the following securities: (i) common shares ("Common Shares"); (ii ...more  
Comment by DawmPool on Mar 09, 2021 8:39pm
Every company does this. Doesn't mean they are diluting. It just gives them the opportunity to if they want. 
Comment by LeJames on Mar 09, 2021 9:01pm
Not every company does this but some do. Aphria did one a couple months after Irwin took over and then the company did a PP. 
Comment by DoubleDoubleUp on Mar 09, 2021 9:14pm
I remember MARA did a 100 millions earlier this year for buying the new miners.  500 millions seems high. 
Comment by stingray88 on Mar 09, 2021 10:24pm
Does this explain the the sh price suppression? 
Comment by DawmPool on Mar 09, 2021 11:05pm
No as they haven't officially done anything yet in regards to an offering.  this just gives them the option to if they choose to use it. 
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